Is The Philippines a Third World Country ?

[Hammer_and_Sickle]

Sukad pa sa una hangtod karon atong mga Politico sge ug pasalig nga maluwas tas kalisod .. karon kay ning samot naman hinoon ang kalisod ...

Ang Political System kay Protectionist wa tay paglaum mo asenso .. forever ulipon ta aning mga Politico ....

makalibog abundant tas tanan Resources ( Human and Natural ) pero tan-awa ang Pilipinas poor ...

you are very wrong mate, very wrong,..being a protectionist is not bad, remember the founding fathers of the USA we're all protectionist, the reds of china we're protectionist, and look where are they now, they are leaders in terms of economics and world politics, the giants of the world.

to protect the interest of a young country, that should be the top of list of to do's mate. it's been 120 years since the liberation from the spain bai(if i'm not mistaken), it's too early to lose hope bai, what we really need is top notch leaders and Utopian thinkers with good heart. so, why not use your vote to elect leaders that may take us away from this deepsh!t, ayyt?

[digitalsuperman]

Yes it Is .. Due to Lack of Economic Progress ...

[rickflag]

I think dugay na nila gi wagtang na nga term. Now it's Underdeveloped Countries na which is more kinder term for being a poor country. I've been to several countries now, and yes I could tell that we are poor based on our purchasing power alone. Me I can be considered as above average earner but still I couldn't buy the things which I dreamed of easily without applying for a loan.

[Joseph20102011]

you are very wrong mate, very wrong,..being a protectionist is not bad, remember the founding fathers of the USA we're all protectionist, the reds of china we're protectionist, and look where are they now, they are leaders in terms of economics and world politics, the giants of the world.

Don't get me wrong, but the USA has able to become a highly developed economy because their society have been open to immigration from the start, thus more openness to foreign investments from the rest of the world especially from Great Britain. If not for the British investments to the United States in the 19th century or American investments to China in this century, their respective economies cannot have an economic clout, let alone of having a military clout. Our protectionist mindset, stipulated by our 1987 constitution in fact does not give an economic prosperity to the majority Filipinos as no much large-scale foreign investments will come in our country as most foreign MNCs who have more technological and capital capabilities does not want to risk themselves to kowtow with rich Filipino businesses c/o 60/40 idiotic forced equity sharing. Chauvinist protectionism of our 1987 constitution does not really work in a globalized economic setting of today.

to protect the interest of a young country, that should be the top of list of to do's mate. it's been 120 years since the liberation from the spain bai(if i'm not mistaken), it's too early to lose hope bai, what we really need is top notch leaders and Utopian thinkers with good heart. so, why not use your vote to elect leaders that may take us away from this deepsh!t, ayyt?

Let's be realistic, no drastic structural change in our economic and political system in a peaceful means like revising the constitution means that our country will be a forever stagnant.

[Joseph20102011]

The proper term for the Philippines today is not really a 'Third World' but a 'Low Middle Income' country, as the former was used to classify countries which were aligned with the US yet economically developed during the Cold War days.

[frOzendaLe]

In my own opinion. Pilipinas nag sunod2x naman lang ni sa USA gikan pa sauna, halos gud tanan gi sunod gikan sa istoryahan, panamit, balaod ug uban pa. Maypa ug gihimo nalang diay ni state ang Pilipinas sa USA.. pero bright kayo atong mga sauna tao ganahan gyud sila ug independence kay kahibaw sila kung mga dayo ang mo tag-iya sa Pilipinas dili man sila ka sapi (kwarta). Gamay kayo sila ug utok bah, ga-tuo sila kung example ma under ta sa America. Pobrehon ta sa America ug samot... tsk tsk tsk.. awa ang Hawaii gud gi angkon sa America pero tan-awa na pobre bah! pero akoa rani ha.. sabta lang ko ninyo

[b1 huck]

certainly we are..

[Hammer_and_Sickle]

Don't get me wrong, but the USA has able to become a highly developed economy because their society from the start are open to immigration, thus more open to foreign investments from the rest of the world especially from Great Britain. If not for the British investments to the United States in the 19th century or American investments to China in this century, their respective economies cannot have an economic clout, let alone of having a military clout. Our protectionist mindset, stipulated by our 1987 constitution in fact does not give an economic prosperity to the majority Filipinos as no much large-scale foreign investments will come in our country as most foreign MNCs who have more technological and capital capabilities does not want to risk themselves to kowtow with rich Filipino businesses c/o 60/40 idiotic forced equity sharing. Chauvinist protectionism of our 1987 constitution does not really work in a globalized economic setting of today.



Let's be realistic, no drastic structural change in our economic and political system in a peaceful means like revising the constitution means that our country will be a forever stagnant.

OT:
ahhh,..bai, akong gi-point out ang gibuhat sa mga founding fathers mn sa USA na ni plano para mo lahutay ang USA, ug ang mga commie na ge lead ni mao para mo palagpot sa dynasty sa china:
(taken from a book)

Country A: Until a decade ago, the country was highly protectionist, with an average industrial tariff rate well above 30 per cent. Despite the recent tariff reduction, important visible and invisible trade restrictions remain. The country has heavy restrictions on cross-border flows of capital, a state-owned and highly regulated banking sector, and numerous restrictions on foreign ownership of financial assets. Foreign firms producing in the country complain that they are discriminated against through differential taxes and regulations by local governments. The country has no elections and is riddled with corruption. It has opaque and complicated property rights. In particular, its protection of intellectual property rights is weak, making it the pirate capital of the world. The country has a large number of state-owned enterprises, many of which make large losses but are propped up by subsidies and government-granted monopoly rights <----CHINA


Country B: The country’s trade policy has literally been the most protectionist in the world for the last few decades, with an average industrial tariff rate at 40–55 per cent. The majority of the population cannot vote, and vote-buying and electoral fraud are widespread. Corruption is rampant, with political parties selling government jobs to their financial backers. The country has never recruited a single civil servant through an open, competitive process. Its public finances are precarious, with records of government loan defaults that worry foreign investors. Despite this, it discriminates heavily against foreign investors. Especially in the banking sector, foreigners are prohibited from becoming directors while foreign shareholders cannot even exercise their voting rights unless they are resident in the country. It does not have a competition law, permitting cartels and other forms of monopoly to grow unchecked. Its protection of intellectual property rights is patchy, particularly marred by its refusal to protect foreigners’ copyrights. <-----USA


let's be realistic lage, and look at this two countries before, and what they have done, we can learn from them. chauvinist pa sa tanan chauvinist noh?, pero tanawa asa na sila karon, muta ra ta sa ilang mata.

globalized economy(open free market)? binuhat ra mn na sa mga briton, to prolong their might, that's the one of the main reason why they have come with this bai, ug tood, ni epekto ilang plano, nag hari pa sila hantod ron


de ko contra aning globalization, ka'y karon panahona, "trade not aid" na baya ta, that's why, we need to protect our interest first.

[Joseph20102011]

globalized economy(open free market)? binuhat ra mn na sa mga briton, to prolong their might, that's the one of the main reason why they have come with this bai, ug tood, ni epekto ilang plano, nag hari pa sila hantod ron

Pero bisan wala na ang British Empire, gipadayon man gihapon sa US ang open free market kay nasayod sila na ang protectionism makadaot in a long-run kay kung ang usa ka nasod mopasaka ug taripa o kaha mobabag ug foreign investors, ang uban nasod sab mobawos kung unsay gihimo sa usa ka nasod na akong gi-mention. Sobrang protectionism especially niadtong Great Depression maoy hinundan sa WWII na nakapa-aghat sa mga nasod sa Western Europe after WWII na mag economically integrated pinaagi sa European Economic Community na nahimong European Union pag 1993 ug ang resulta sa pagkamugna sa EEC na EU karon after 1957, wala nay rason na maggubat ang Germany ug France kay tungod economically integrated na kaayo sila. Mao nay bentahas sa free market based na economic system (bahalag dili laissez-faire) kaysa sa protectionist based na economies.

CONCLUSION: Gamay ra ang mutual benefit sa matag nasod under sa protectionist economic framework compared sa free trade economic framework.

de ko contra aning globalization, ka'y karon panahona, "trade not aid" na baya ta, that's why, we need to protect our interest first.

But not to the point that we will bar foreign investors from investing 100% of his/her investments and only limit them to 40% and the 60% should go to Filipino citizens who are actually mostly from the elite background. We need to assure all potential investors (Filipino or foreign) a 100% private property rights of his/her investments.

CONCLUSION: Kung ang mga Filipino makatag-iya ug 100% sa iyang negosyo, angay sab ang mga foreigner makatag-iya ug 100% sa iyang negosyo na walay babag gikan sa atong Constitution. Dili nato i-ahat ang mga foreigner na mogamit ug local na dummy aron lang makanegosyo.

[Tirong-say]

According to the first world countries
we are.